On 23 April, Bangladesh and the World Bank signed two financing agreements totaling US$850 million to help the country develop the Bay Terminal deep-sea port and modernize the national social protection system to accelerate job creation and inclusive growth.
“To remain on a sustainable growth path, Bangladesh must create quality jobs for its population, particularly for the nearly 2 million youth who enter the labor market every year,” said Gayle Martin, World Bank Interim Country Director for...